Analytics Vidhya

APRIL 20, 2024

Introduction Large Language Models (LLMs) are becoming increasingly valuable tools in data science, generative AI (GenAI), and AI. LLM development has accelerated in recent years, leading to widespread use in tasks like complex data analysis and natural language processing.

Data-driven 306

Data-driven Data Science Modeling Analytics 306

CIO Business Intelligence

MAY 17, 2023

The big picture : In the midst of a rush to technology modernization, it’s critical to ensure the organization’s data assets are not overlooked. Why it matters:  Data-driven business decisions must factor prominently in modernization efforts. The bottom line:  Don’t leave data behind.

Data-driven 110

Data-driven Strategy IT Insurance 110

Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education.

Data-driven 132

Data-driven Big Data Cost-Benefit Data Analytics 132

David Menninger's Analyst Perspectives

MAY 17, 2023

First, the amount of data they can collect and store has increased dramatically while the cost of analyzing these large amounts of data has decreased dramatically. Data-driven organizations need to process data in real time which requires AI. Nearly 9 in 10 organizations use or plan to adopt AI technology.

Modeling 144

Modeling Experimentation Data-driven Business Intelligence 144

Smart Data Collective

OCTOBER 19, 2023

Many businesses use big data technology to bolster efficiency. of companies say that they use data analytics in some capacity. While only 24% call themselves data-driven, the figure is growing significantly. Big data is changing the business models of many organizations.

Consulting 102

Consulting Data-driven IT Digital Transformation 102

Smart Data Collective

SEPTEMBER 14, 2022

A growing number of organizations are resorting to the use of big data. They have found that big data technology offers a number of benefits. However, utilizing big data is more difficult than it might seem. Companies must be aware of the different ways that data can be collected, aggregated and applied.

Data-driven 123

Data-driven Big Data Cost-Benefit Measurement 123

Aryng

MARCH 8, 2024

Because of their unprecedented ability to sift through vast amounts of data and generate instant and easy-to-understand insights, Large Language Models (LLMs) like these enable even non-technical business leaders to partake in more seamless and […] The post How to Use LLMs to Make Data-Driven Decisions appeared first on Aryng's Blog.

Data-driven 52

Data-driven Modeling 52

Smart Data Collective

JANUARY 11, 2023

Many businesses are taking advantage of big data to improve their marketing and financial management practices. billion on big data marketing in 2020 and this figure is likely to grow further in the years to come. Some of the case studies on the benefits of data-driven marketing are quite promising.

Data-driven 95

Data-driven Marketing Advertising Big Data 95

Smart Data Collective

FEBRUARY 22, 2022

Big data has been changing the state of business for years. More companies than ever are shifting towards digital business models. They are finding new ways to leverage data analytics and AI technology to maximize their ROI. Fortunately, new e-commerce companies are in a good position to benefit from data.

Data-driven 126

Data-driven Metrics Sales Big Data 126

Rocket-Powered Data Science

JULY 19, 2023

I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data.

Data-driven 186

Data-driven Enterprise Analytics Machine Learning 186

Smart Data Collective

AUGUST 31, 2020

Big data is the lifeblood of modern app development. App developers should also use data analytics to maximize their monetization opportunities. They are embracing new big data initiatives to find the best opportunities. They are embracing new big data initiatives to find the best opportunities. Ads Monetization Model.

Data-driven 99

Data-driven Modeling Advertising Big Data 99

Dataiku

MARCH 26, 2024

In today's data-driven landscape, businesses are increasingly relying on AI and machine learning (ML) to gain insights, make predictions, and automate processes. to understand the nuances behind model optimization, particularly the concept of fine-tuning.

Modeling 75

Modeling Machine Learning Data-driven Optimization 75

Juice Analytics

FEBRUARY 10, 2020

Of these pillars, perhaps the most foundational and critical is the data culture. Research suggests that many organizations struggle to create this data culture and a healthy data culture is tied to overall performance. What does the data say? Modeling behavior. Where to next? Actions speak louder than words.

Data-driven 135

Data-driven Metrics Dashboards Data Science 135

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

Data-driven 121

Data-driven Optimization Big Data Data Strategy 121

Ontotext

MARCH 20, 2024

In today’s data-driven world, businesses are drowning in a sea of information. Traditional data integration methods struggle to bridge these gaps, hampered by high costs, data quality concerns, and inconsistencies. Unleashing the Power of Data Connections Zenia Graph isn’t just another data solution company.

Data-driven 52

Data-driven Strategy Sales Data Integration 52

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. New advances in data technology have been especially beneficial for marketing.

Data-driven 133

Data-driven Marketing Strategy Big Data 133

Cloudera

JUNE 13, 2023

Data and analytics are the essential engines in this strategy which entails upgrading the bank’s core banking technology to deliver reliable, efficient, and secure services for their customers while safeguarding critical data.

Data-driven 77

Data-driven Analytics Insurance Digital Transformation 77

Smart Data Collective

JULY 28, 2021

This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. This wouldn’t be possible without massive advances in big data technology.

Data-driven 133

Data-driven Big Data Manufacturing ROI 133

Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. Targeting the Right Variables for Your Data-Driven Retail Business Model.

Data-driven 104

Data-driven Metrics Sales Big Data 104

Smart Data Collective

APRIL 24, 2023

Big data has led to some huge changes in the way we live. John Deighton is a leading expert on big data technology. His research focuses on the importance of data in the online world. Innovations in the early 20th century changed how data could be used. Deighton studies how this evolution came to be.

Data-driven 93

Data-driven Software Big Data Data Governance 93

Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

Data-driven 105

Data-driven Management IT Big Data 105

TDAN

AUGUST 3, 2021

Through big data modeling, data-driven organizations can better understand and manage the complexities of big data, improve business intelligence (BI), and enable organizations to benefit from actionable insight. Big […].

Business Intelligence 143

Business Intelligence Big Data Modeling Data-driven 143

CIO Business Intelligence

MARCH 6, 2024

Many of our customers had already started to move their applications and it made sense they would want to transition to data management in the cloud as well. The investment thesis was we could dramatically change the value of the company by becoming a true cloud and subscription-driven company. Today, we’re a $1.6 Today, we’re a $1.6

Modeling 116

Modeling Management IT Metrics 116

Smart Data Collective

AUGUST 17, 2021

Big data has been a very important part of modern human resource solutions. One of the biggest implications of big data in human resources has pertained to enterprise workflow management. Data analytics technology can help bolster efficiency in all of these regards. Using Data Analytics to Improve Workflow Management.

Data-driven 119

Data-driven Optimization Enterprise Cost-Benefit 119

Smart Data Collective

AUGUST 22, 2021

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

Data-driven 128

Data-driven Software Manufacturing Big Data 128

CIO Business Intelligence

JANUARY 18, 2024

Recognizing this need, we have created a cutting-edge VSM maturity model. Drawing upon our extensive experience facilitating successful VSM initiatives within large-scale enterprises, this model serves as a compass, offering insights into their current VSM maturity and providing practical direction to advance and reap the additional benefits.

Digital Transformation 119

Digital Transformation Modeling Management Data-driven 119

CIO Business Intelligence

AUGUST 30, 2022

But although their role has evolved, the technology which helps them is still playing catch-up, with the lack of reliable analytics and data one of the biggest hurdles to progress. A changing role and the need for data. This level of data collection and insight requires the right technology. Data that tells ‘one truth’.

Data-driven 98

Data-driven Finance Digital Transformation Operational Reporting 98

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Data team morale is consistent with DataKitchen’s own research. We surveyed 600 data engineers , including 100 managers, to understand how they are faring and feeling about the work that they are doing.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Analytics Vidhya

JANUARY 20, 2023

Introduction Machine learning has become an essential tool for organizations of all sizes to gain insights and make data-driven decisions. However, the success of ML projects is heavily dependent on the quality of data used to train models. Poor data quality can lead to inaccurate predictions and poor model performance.

Data Quality 374

Data Quality Machine Learning Data-driven Modeling 374

Cloudera

FEBRUARY 23, 2022

In addition to that, the march of network virtualisation combined with the cloudification of IT have driven further changes in operations. Their processes are ‘data driven’, their networks are trending towards automation, and AI systems are powering customer engagement in store , online and at home.

Data-driven 90

Data-driven Advertising IoT Digital Transformation 90

Smart Data Collective

JUNE 15, 2021

Data-driven organizations are looking for new ways to use data technology to improve their operations. Big data can play a very important role in solving these challenges. Pre-employment screening with data mining tools increases the quality of candidates. One bad hire can cost a company quite a lot.

Data-driven 129

Data-driven Data mining Cost-Benefit Big Data 129